News

Top stories related to Buchanan and our ongoing investments activities. Read on to hear what the world is saying about Buchanan.

Buchanan Street Partners Provides $16 Million Land Loan To Refinance Coastal Redevelopment In Huntington Beach

Aerial view of coastal redevelopment in Huntington Beach with oil tanks and wetlands.
Newport Beach, Calif. (November 10, 2016) – Buchanan Street Partners has provided a $16 million loan to refinance 21845 Magnolia Street, a 29‑acre industrial facility in Huntington Beach, California recently purchased by subsidiaries of Shopoff Realty Investments. The loan represents the company’s ongoing strategy to provide reliable bridge financing for value-add real estate.

The Spirit Of Giving: Shana Baker

Shana Baker in a blue dress at a dining table
There is a need in every community; but generosity runs deep in Orange County. From the agencies that feed and heal out children to the individuals whose dedication and altruism are changing the lives of many; here are the organizations and leaders driving our philanthropic scene right now. You can hear the smile in Shana Baker’s voice when she talks about her 1 ½-year-old adopted son, Jaxson: “He likes to go, go, go!” The same happy note reverberates when she talks about her philanthropic “itch.” It grew out of her grandmother’s charitable passion, took root in her teens when she served Thanksgiving meals with the Salvation Army and has led her to numerous efforts, like the Pediatric-Adolescent Diabetes Research and Education Foundation.

Buchanan Street Partners Expands Bridge Loan Platform, Adds Executive

Bixby Bridge, Big Sur, California at sunset, influencing commercial real estate markets.
Newport Beach, CA-based Buchanan Street Partners is expanding its bridge loan platform and adding a key executive. Matthew Doerr joined to lead Buchanan Mortgage Holdings, the company’s proprietary lending business. Doerr brings more than 13 years of experience underwriting and managing debt and equity assets in excess of $1 billion, including roles at MUFG’s Union Bank and iStar Financial. He will lead the structuring and underwriting of loans originating from Buchanan Mortgage’s balance sheet for acquisition, construction, redevelopment or project recapitalization across Western markets.

Buchanan Street Partners Expands Lending Business With Key Hire And $30 Million In New Investments

Buchanan Street Partners team on a rocky hillside, celebrating lending business expansion.
Matthew Doerr Assumes the Position of Vice President for the Company’s Proprietary Lending Business at Time of Escalating Investment Activity Newport Beach, Calif. (July 26, 2016) – Buchanan Street Partners has hired Matthew Doerr as Vice President to lead the company’s growing bridge loan platform under Buchanan Mortgage Holdings, the company’s proprietary lending business. His appointment comes at a time of increased lending activity, following the recent closing of three loans totaling $30 million.

Buchanan Street Partners Purchases Two Buildings Adjacent To Dallas Love Field

Two white Adirondack chairs on a wooden dock overlooking a misty body of water
Acquisition Marks Fourth in Dallas Market; Company Sees Opportunity to Reposition Property Amidst Local Growth Newport Beach, Calif. and Dallas (May 16, 2016) – Buchanan Street Partners announces the acquisition of Bluffview Towers, a 196,356-square-foot office property adjacent to Dallas Love Field Airport. Buchanan Street purchased the two-building property for an undisclosed amount from Commercial Developments International (CDI), marking it the company’s fourth acquisition in the Greater Dallas area in the last 16 months.

Buchanan Street Partners Closes $9.45 Million Loan For Acquisition Of Future Under Armour Offices In Portland, Oregon

Golden Gate Bridge in San Francisco under a clear blue sky.
Firm Closes Loan in 10 Business Days for Acquisition Portland, Ore. and Newport Beach, Calif. (May 7, 2015) – Buchanan Street Partners, a national real estate investment management firm, has originated a $9.45 million bridge loan to Run Our Dream, LLC for the acquisition of a 68,600‑square-foot building in Portland, Ore. Buchanan Street closed the loan in 10 business days. Run Our Dream required the loan to undertake project designs and to secure approvals to convert the building into creative office space.

Cadence Capital Investments Picks Up Seven-Parcel Assemblage In Hollywood For New Gelson’s Market

Gelson's Market in Hollywood, funded by Buchanan Street Partners, features a modern facade.
Cadence Capital Investments purchased five buildings on Sunset Blvd in Hollywood with plans to deliver a multi-story building that is pre-leased to upscale regional grocer Gelson’s Market. The purchase was funded with a $12.9 mil loan provided by Buchanan Street Partners. Gelson’s choice for the seven-parcel assemblage was based on the location’s high traffic count, at the intersection of Sunset and Gardner St, plus affluent area demographics. The new store location will be Gelson’s second in Hollywood, following the success of its West Hollywood store. A first quarter 2018 opening is planned.

Buchanan Street Partners Provides $12.9 Million Loan For New Gelson’s Market In Hollywood

Gelson's Market in Hollywood, funded by Buchanan Street Partners, features a modern facade.
Newport Beach, Calif. and Los Angeles (February 17, 2016) – Buchanan Street Partners has provided a $12.9 million loan to Cadence Capital Investments for the purchase of five buildings on Sunset Boulevard in Hollywood. Cadence Capital is in pre-development to deliver a multi-story building that is pre-leased to upscale regional grocer Gelson’s Market.

Buchanan Looks To Secondary Markets For Yield

Modern office building in a suburban setting, with palm trees and blue sky.
LOS ANGELES—The investor buys the Gateway Corporate Center in Diamond Bar, saying the market and surrounding markets, like Pomona and West Covina, are “historically very stable.” Buchanan Street Partners has purchased the Gateway Corporate Center in Diamond Bar from Cornerstone Real Estate Advisers, an affiliate of an institutional buyer. The sales price was not disclosed, however, sources unrelated to the deal say that the investor purchased the property from $44 million. While this is Buchanan’s first Diamond Bar purchase, it knows the surrounding areas well and was attracted to the purchase for the strong location.

Buchanan Street Partners Acquires Two Buildings In Los Angeles County

Buchanan Street Partners acquires office buildings in Los Angeles County
Diamond Bar, Calif. and Newport Beach, Calif. (January 25, 2016) – Buchanan Street Partners has purchased Gateway Corporate Center, a two-building, 162,339-square-foot office complex located at 21680 & 21688 Gateway Corporate Center Drive in Diamond Bar, California. The acquisition reflects Buchanan Street’s ongoing investment strategy in the West, where the Newport Beach-based investor is actively buying core-plus and value-add office properties in growing markets.

Paradise Valley Corporate Center Sells For $37.4M

Paradise Valley Corporate Center exterior with blooming flowers in foreground.
The Paradise Valley Corporate Center, near Cactus Road and Tatum Boulevard, sold for $37.4 million to a California-based real estate investment firm. Cushman & Wakefield’s Executive Director Chris Toci and Director Chad Littell negotiated the sale to Buchanan Street Partners, and no other outside broker was involved.

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